Highlights from the December 2015 US ISM non manufacturing PMI data report 6 January 2016

  • Prior 55.9
  • Business activity 58.4 vs 58.4 exp. Prior 58.2
  • Employment 55.7 vs 55.0 prior
  • New orders 58.2 vs 57.5 prior
  • Prices paid 49.7 vs 50.3 prior
  • Export orders 53.5 vs 49.5 prior
  • Imports 49.0 vs 51.0 prior

Another report from the ISM that is soft on the headline but has better underlying components.

New orders and exports are higher, as is employment. Input prices fell into contraction which will worry inflation bugs. Inventories were a tad softer also

Some very positive comments from respondents too but again there's probably some seasonal factors in play, particularly in retail

ISM non-manufacturing PMI details

IS ISM Non-manufacturing PMI